Ichimoku Cloud Analysis 10.01.2014 (GBP/USD, GOLD)
10.01.2014
Analysis for January 10th, 2014
GBP/USD
GBPUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is going down (2); the price is on Tenkan-Sen, inside Kumo Cloud. Short‑term forecast: we can expect resistance from D Tenkan-Sen and decline of the price.
GBPUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1); Tenkan-Sen is directed downwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is on the chart. Short‑term forecast: we can expect decline of the price up to H4 Kijun-Sen.
GOLD
XAUUSD, Time Frame H4. Tenkan-Sen and Kijun-Sen intersected and formed “Dead Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is going up (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect support from Senkou Span A.
XAUUSD, Time Frame H1. Tenkan-Sen and Kijun-Sen intersected and formed “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect support from Senkou Span B.
RoboForex Analytical Department
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.